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Total profit for the fiscal year was $120 billion, the company said. Three years ago, it was just $4.4 billion.
Nvidia’s Quarterly Profit Hits $43 Billion on Strong A.I. Chip Sales Read More »
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know. Read More »
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
The Dark Side of A.I. Weighs on the Stock Market Read More »
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous.
Amazon’s $200 Billion Spending Plan Raises Stakes in A.I. Race Read More »
Profits rose to $34.5 billion last quarter, as the tech giant gained ground with its Gemini system, bolstering its search business and YouTube.
Google Profit Jumps 30 Percent on A.I. Gains Read More »
New phone designs, coupled with robust holiday spending, continued to lift iPhone sales in the quarter and drove the company to record profits.
Apple Reports Record iPhone Sales Amid Holiday Bump Read More »
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent Read More »
That would be a major jump from the $72 billion that the Silicon Valley tech giant shelled out last year, as it aims to compete in the artificial intelligence race.
Meta Forecasts Spending of at Least $115 Billion This Year Read More »
The company, which makes the computer chips essential to the artificial intelligence boom, also said revenue in its recent quarter rose to $57 billion.
Nvidia Earnings Show Profit Jumped 65% to $31.9 Billion Read More »
